Allianz to sell stake in Indian road operator Interise to Canada’s Omers
Tue, Sep 10, 2024 1:01 PM

Allianz to sell stake in Indian road operator Interise to Canada’s Omers

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Ontario’s pension fund for local government workers agreed to buy Allianz Capital Partners’ stake in Interise Trust, boosting its exposure to the Indian toll-road business.The deal will see Ontario Municipal Employees Retirement System raise its ownership to 34.8% from the current 21.3%. The transaction “increases Omers’ exposure to India’s economic growth.

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